Wim Elfrink, Chief Globalization Officer, CISCO. GLOBALIZATION - A PARADIGM SHIFT
the past globalization focused on outsourcing and reducing costs. the new globalization effort will be focused on Growth, Innovation and Growth.
in 1820 the worlds top 10 economies were China, India France, UK, Prussia, Japan, Austria, Spain, US. Russia. He also showed the list from 2050 that i couldnt get down fast enough.
China, US, India, Japan, Brazil, Russia, UK, Germany, France, Italy
[http://www.futureatlas.com/blog/index.php/2006/03/26/world-economies-to-2050-a-wealthier-planet/]
new area of wealth. there will be 200 million new urban dwellers in the next five years alone. mobility will be the platform to deal with the expanding middle class' purchasing power. managed and hosted services will connect rural areas in efforts to deal with the latent demand.
http://newsroom.cisco.com/dlls/2006/ts_120606.html
Innovation challenge will be to accept what is coming back from the developing world and to reintegrate into the economies of the western world.
skills challenge is the recognition that the engineering and science skill sets are located in the East. why india? the fundamental proximity to 70% of the world's population [5 hour flight] it is clear that if you are thinking about ten or twenty years out, that a significant presence in India is vital. It is also the youngest population. the talent is good and biggest democratic market. And India, epitomizes the human network.
Important issues for businesses around the world are
education
infrastructure
innovation and market transitions
supportive governments
his closing piece was on web 2.p0 collaborative strategy based around the telepresence suite. the next generation will be in 3D. he went on to talking about the challenge that this is posing for their corporate structure. telepresence will allow this for distributed executives in ways that are/were unprecedented. then a final slikde on the evolution of globalization...
1.0 was about trade
2.0 was about global manufacturing
3.0 is about R+D
4.0 is about the 'corporate brain' [co-creation and talent]
6000 mobile subsribers
4000 urban citizens
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